HOME MORTGAGE BANK Ground Floor, Prince’s Court, Corner Keate & Pembroke Street, Port-of-Spain. (868) 624-4663 or 624-5626 info@homemortgagett.com www.homemortgagett.com
MANAGEMENT Mark Wight Finance & Administration Indira Geeban Risk Management Sita Mangal Mortgage Sales & Operations Patricia IIkhtchoui Corporate Secretary
INVESTMENTS
Home Mortgage Bank was established in 1986. The original shareholders of the Bank were the Commercial Banks, Insurance Companies, Central Bank and the International Finance Corporation (IFC). Today we are proud to be over 99% owned by The National Insurance Board of Trinidad and Tobago. Our business is focused on two areas: Mortgage Loans for the Residential Market and Asset-Backed Investment Securities. The Bank has an asset base of over $2.29 Billion and profits after taxes of $75.6 Million. In addition, we manage over $500 Million in funds under our investment programme – Mortgage Participation Fund (MPF).
Rawle Ramlogan Chief Executive Officer
Mortgage Professionals Anna Gonzales Terry Budansingh Nicholas Mohammed
Treasury & Investments Usha Gajadhar
MORTGAGE
With a professional, qualified and dedicated team, the Bank continues to be a competitive player within the mortgage and investment market. We offer the best rates, quick approvals and no administrative fees we take the hassle out of your mortgage application. The Bank’s MPF mutual fund was launched in December, 2001. It offers an attractive short term investment option. It’s a registered mutual fund, structured like a money market account and backed by a portfolio of mortgages guaranteed by the Bank and is 100% secured.
INVESTMENT
Best Mortgage Rates
MPF Mutual Fund
We make Financing & Refinancing Easy!
Flexible. Hassle Free Investment.
Types of Loans Home Acquisition Loans Home Equity Loans Residential Land Loans Home Improvement Loans Home Construction Loans
Additional Benefits No up front fees Quick Approvals No Processing fees Up to 25 years to repay Lump-sum payments without penalties
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MORTGAGES
Operates like a “Money Market Account” Over $500 Million under management Interest accrued daily and paid monthly st
Interest paid on the 1 working day of the month Automatically reinvested as capital, or Credited to your bank account
Principal Guaranteed - No Risk to Capital Fixed Price not a Floating NAV
Guaranteed by Home Mortgage Bank Backed by a portfolio of residential mortgages
Quarterly Statements Single or Joint Investors No penalties for redemptions